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Property profile

224 N Main St Sand Springs, OK 74063

FOR SALE
Retail space
Property ID
US69-2285154
3,375 SF 0.08 ac lot Built 1930
Last sale Jul 2014 · $177,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a full brick commercial building located in downtown Sand Springs within Tulsa County, on a 0.08-acre lot. It contains approximately 3,375 square feet of interior space and features 16-foot ceilings. The building was completely gutted and is configured for a new interior design. Exterior and roofing improvements include a TPO roof installed in late 2019. The roof level includes five HVAC units. Access features include a two-car garage entrance added at the alley and an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$35k
Assessed land$2k
Assessed improvement$33k
Effective rate12.30%

Value estimate

· Oct 2026
$245k
$221k – $270k
AI approach$245k
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$5k
Operating expenses−$18k
NOI · 9.32% cap applied$31k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$109/SF
County average, outlier-cleaned · 178 recorded sales of this use type
Observed band · Q1–Q3$55 – $160
Qualifying comparables7

Cap rate analysis

How does the asset earn?
9.32%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CH
Historic Preservation; Appendix A: Added “E” to CH for Use Unit 6 Single-Family Dwelling, Use Unit 16 Mini-Storage changed to “S’ and del...
General categoryCOMMERCIAL
JurisdictionTULSA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.4
Law Firm9.1
Laundry Service9.0

Location

224 N Main St Sand Springs, OK 74063
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11 40th, Sand Springs, OK 74063-2735 $2,575,000 May 2025 3,024 SF
211 Main, Sand Springs, OK 74063-7653 $265,000 May 2024 3,666 SF
102 2nd, Sand Springs, OK 74063-7620 $270,000 Oct 2021 3,616 SF
230 Adams, Sand Springs, OK 74063-6525 $1,635,000 Jun 2021 3,024 SF
125 2nd, Sand Springs, OK 74063-7621 $230,000 Feb 2021 2,976 SF
11950 Hwy 51, Sand Springs, OK 74063-4495 $100,000 Feb 2019 3,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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